Quarterly report pursuant to Section 13 or 15(d)

11. Convertible Debentures (Tables)

v3.21.2
11. Convertible Debentures (Tables)
9 Months Ended
Sep. 30, 2021
Convertible Debentures  
Convertible Debentures
Convertible Debentures  

September 30,

2021

 

December 31,

2020

Principal Outstanding                
Opening balance   $ 27,442     $ 3,464,737  
Repaid     (27,562 )     (2,778,349 )
Conversion to equity              (634,431 )
Foreign exchange movements     120       (24,515 )
               27,442  
Accrued Interest                
Opening balance     7,105       524,227  
Interest expense     4,696       207,595  
Repaid     (11,833 )     (619,992 )
Conversion to equity              (103,958 )
Foreign exchange movements     32       (767 )
               7,105  
Debenture Discount                
Opening balance              (627,627 )
Amortization              627,627  
                   
Convertible Debentures, net   $        $ 34,547